Monero's network hashrate reached 7.12 gigahash per second on Monday, Oct. 26, nearing its all-time high of 7.54 GH/s. Three major mining pools now coordinate roughly 60 percent of total network computing power.
SupportXMR leads at 1.87 GH/s (26.3 percent of network hashrate). Nanopool follows with 1.23 GH/s (17.3 percent). Kryptex ranks third with 1.17 GH/s (16.4 percent). Together they control 4.27 GH/s, according to Miningpoolstats data.
Other notable contributors include Hashvault (730.76 megahash per second), C3Pool (481.17 MH/s) and P2Pool (473 MH/s from its largest listed segment).
This concentration reflects industrial-scale mining competition, but pool coordination does not equal equipment ownership. Pool operators route computing power from independent miners, who retain the ability to switch between pools at any time.
Monero's recent hashrate surge follows a 2025 confrontation when Qubic directed substantial external computing resources toward the network and briefly claimed over 51 percent of hashrate (approximately 2.7 to 3 GH/s). That attack caused short blockchain reorganizations and orphaned blocks but did not compromise network operation.
The incident highlighted questions about Monero's security model—specifically whether CPU-friendly mining alone can prevent coordinated entities from amassing significant computing power.
Monero uses RandomX, a proof-of-work algorithm introduced in November 2019, designed to favor general-purpose CPUs over specialized ASICs. RandomX combines random program execution with memory-intensive operations and complex cryptographic functions to keep mining accessible to broader participants, aligning with Monero's privacy-first design.
